P & J Lister Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04931444

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1		1
Tangible Assets	5		1,203,492		1,237,106

			1,203,493		1,237,107
CURRENT ASSETS
Stocks	6	573,640		526,224
Debtors	7	1,123,523		1,162,142
Investments	8	50,000		50,000
Cash at bank and in hand		856,285		549,919

		2,603,448		2,288,285
Creditors: Amounts Falling Due Within One Year	9	(1,054,816 )		(740,412 )

NET CURRENT ASSETS (LIABILITIES)			1,548,632		1,547,873

TOTAL ASSETS LESS CURRENT LIABILITIES			2,752,125		2,784,980

Creditors: Amounts Falling Due After More Than One Year	10		(119,899 )		(205,014 )

NET ASSETS			2,632,226		2,579,966

CAPITAL AND RESERVES
Called up share capital	11		10,002		10,001
Profit and Loss Account			2,622,224		2,569,965

SHAREHOLDERS' FUNDS			2,632,226		2,579,966

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P & J Lister Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

P J Lister

Director

27/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

P & J Lister Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04931444 . The registered office is The Lakes Homecentre, Low Road, Cockermouth, Cumbria, CA13 1HH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the

company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity

recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently

measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the

currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is

amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be

made.

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over

their useful life as follows:

Goodwill - 0% on cost

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% straight line
Motor Vehicles	20% straight line
Fixtures & Fittings	15% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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P & J Lister Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 65 (2025: 60)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	1

As at 31 January 2026	1

Net Book Value
As at 31 January 2026	1

As at 1 February 2025	1

5. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2025	1,925,727	17,040	431,536	2,374,303
Additions	-	-	14,678	14,678

As at 31 January 2026	1,925,727	17,040	446,214	2,388,981

Depreciation
As at 1 February 2025	714,813	11,663	410,721	1,137,197
Provided during the period	38,515	1,319	8,458	48,292

As at 31 January 2026	753,328	12,982	419,179	1,185,489

Net Book Value
As at 31 January 2026	1,172,399	4,058	27,035	1,203,492

As at 1 February 2025	1,210,914	5,377	20,815	1,237,106

6. Stocks

	2026	2025
	£	£
Stock	573,640	526,224

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P & J Lister Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	1,123,523	1,162,142

8. Current Asset Investments

	2026	2025
	£	£
Unlisted investments	50,000	50,000

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	240,578	211,900
Bank loans and overdrafts	74,740	77,236
Amounts owed to participating interests	455,286	247,286
Other creditors	113,646	62,360
Taxation and social security	170,566	141,630

	1,054,816	740,412

10. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	119,899	205,014

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10,002	10,001

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr Patrick Lister	625,789	90,463	(55,461 )	-	660,790

The director had an outstanding loan with the company during the year. The loan was subject to an interest rate of 3.75% per annum, and the total interest charged during the year was £23,679. The director repaid £55,461 of the loan during the year. The total outstanding loan at the end of the year was £660,790.

13. Related Party Transactions

During the year ended 31 January 2026, the company received unsecured loans from two companies under common control, by virtue of a common director. The loans are interest free, repayable on demand, and were not concluded under normal market conditions.

At the balance sheet date, the outstanding balance owed was £455,286. (2025: £247,285).

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